Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through four segments: Materials Analysis, Test and Measurement, In-line Instrumentation, and Industrial Controls. The Materials Analysis segment provides products and services, which enable customers to determine structure, composition, quantity, and quality of particles and materials during their research and development processes, when assessing materials before production, or during the manufacturing process. It serves metal, minerals and mining, pharmaceutical, fine chemical, and semiconductor industries; and academic research institutes. The Test and Measurement segment supplies test, measurement, and analysis equipment, as well as software and services for product design optimization, manufacturing control, microseismic monitoring, and environmental noise monitoring. It serves automotive, aerospace, electronics, and energy industries, as well as academic research institutes. The In-line Instrumentation segment offers process analytical measurement, asset monitoring, and online controls, as well as associated consumables and services for primary processing and converting industries. It serves process, pulp, paper, tissue, energy, utilities, and Web and converting industries. The Industrial Controls segment provides products and solutions that measure, monitor, control, inform, and connect during the production process. It serves manufacturing, process, energy, electronics, and healthcare industries. The company was formerly known as Fairey Aviation Company Ltd. and changed its name to Spectris plc in May 2001. Spectris plc was founded in 1915 and is headquartered in Egham, the United Kingdom.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item.
A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss.
(source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity.
ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name

Dec '07

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Equity (BVPS)

6.03

6.84

7.39

9.51

11.19

10.87

11.00

10.73

11.81

growth rate

13.4%

8.0%

28.7%

17.7%

-2.9%

1.2%

-2.5%

10.1%

Earnings BIT

186.40

172.10

148.00

172.40

182.10

growth rate

-7.7%

-14.0%

16.5%

5.6%

Avg.PE

25.84

288.60

14.26

growth rate

1,016.9%

-95.1%

ROA

13.46

10.10

4.73

10.59

10.81

10.49

15.15

9.95

7.94

0.65

13.30

growth rate

-25.0%

-53.2%

123.9%

2.1%

-3.0%

44.4%

-34.3%

-20.2%

-91.8%

1,946.2%

ROE

28.88

21.74

9.75

20.37

22.60

21.82

26.06

15.35

12.09

1.01

20.67

growth rate

-24.7%

-55.2%

108.9%

11.0%

-3.5%

19.4%

-41.1%

-21.2%

-91.7%

1,946.5%

ROIC

22.16

16.37

8.37

16.97

16.29

15.75

21.03

13.48

10.69

0.98

17.68

growth rate

-26.1%

-48.9%

102.8%

-4.0%

-3.3%

33.5%

-35.9%

-20.7%

-90.8%

1,704.1%

Cur. Ratio

1.49

1.39

1.20

1.43

1.44

1.19

1.71

1.49

1.91

1.75

1.99

growth rate

-6.7%

-13.7%

19.2%

0.7%

-17.4%

43.7%

-12.9%

28.2%

-8.4%

13.7%

Quick Ratio

0.97

0.86

0.78

0.94

0.84

0.68

1.04

0.90

1.20

1.18

1.40

growth rate

-11.3%

-9.3%

20.5%

-10.6%

-19.1%

52.9%

-13.5%

33.3%

-1.7%

18.6%

Leverage

2.14

2.16

1.96

1.89

2.26

1.93

1.55

1.54

1.51

1.62

1.49

growth rate

0.9%

-9.3%

-3.6%

19.6%

-14.6%

-19.7%

-0.7%

-2.0%

7.3%

-8.0%

Balance Sheet

Dec '07

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Acct.Receivable

195.00

203.00

219.90

236.00

301.80

321.80

growth rate

4.1%

8.3%

7.3%

27.9%

6.6%

Acct.Payable

80.00

74.80

78.00

73.50

58.70

59.70

growth rate

-6.5%

4.3%

-5.8%

-20.1%

1.7%

Cur.Assets

440.00

427.10

444.20

494.50

580.30

675.20

growth rate

-2.9%

4.0%

11.3%

17.4%

16.4%

Total Assets

1,332.00

1,308.80

1,406.50

1,459.10

1,732.00

1,798.90

growth rate

-1.7%

7.5%

3.7%

18.7%

3.9%

Cash

41.00

43.80

34.80

58.20

83.50

137.90

growth rate

6.8%

-20.6%

67.2%

43.5%

65.2%

Inventory

164.00

162.00

175.70

182.50

187.80

176.00

growth rate

-1.2%

8.5%

3.9%

2.9%

-6.3%

Cur.Liabilities

369.00

249.80

298.70

258.40

332.00

327.90

growth rate

-32.3%

19.6%

-13.5%

28.5%

-1.2%

Liabilities

640.00

464.70

490.50

493.10

664.60

594.80

growth rate

-27.4%

5.6%

0.5%

34.8%

-10.5%

LT Debt

200.00

145.70

109.50

155.10

222.10

187.20

growth rate

-27.2%

-24.9%

41.6%

43.2%

-15.7%

Equity

844.10

916.00

966.00

1,067.40

1,204.10

growth rate

8.5%

5.5%

10.5%

12.8%

Common Shares

122.00

116.00

115.00

118.00

118.00

119.00

119.00

119.00

119.00

119.00

120.00

growth rate

-4.9%

-0.9%

2.6%

0.0%

0.9%

0.0%

0.0%

0.0%

0.0%

0.8%

Cash Flow Statement

Dec '07

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Capital Expenditures

29.00

31.70

27.40

26.00

28.70

74.30

growth rate

9.3%

-13.6%

-5.1%

10.4%

158.9%

Cash Dividends

47.70

52.30

56.90

59.80

63.20

growth rate

9.6%

8.8%

5.1%

5.7%

Cash From OA

187.00

152.30

155.20

153.40

215.90

190.60

growth rate

-18.6%

1.9%

-1.2%

40.7%

-11.7%

FCF per Share

1.06

1.63

1.53

2.16

1.87

1.59

1.61

1.61

1.93

growth rate

53.8%

-6.1%

41.2%

-13.4%

-15.0%

1.3%

0.0%

19.9%

Sale Purchase of Stock

0.30

0.30

0.30

0.20

0.50

growth rate

0.0%

0.0%

-33.3%

150.0%

FCF

70.00

67.00

76.00

124.00

127.00

158.00

120.00

127.00

127.00

187.00

116.00

growth rate

-4.3%

13.4%

63.2%

2.4%

24.4%

-24.1%

5.8%

0.0%

47.2%

-38.0%

Income Statement

Dec '07

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Sales

1,231.00

1,202.00

1,173.70

1,190.00

1,345.80

1,525.60

growth rate

-2.4%

-2.4%

1.4%

13.1%

13.4%

Op.Income

140.00

186.40

172.10

148.00

172.40

182.10

growth rate

33.1%

-7.7%

-14.0%

16.5%

5.6%

IBT

271.70

171.10

141.60

31.90

278.40

growth rate

-37.0%

-17.2%

-77.5%

772.7%

Net Income

140.00

200.00

135.10

113.80

10.30

234.80

growth rate

42.9%

-32.5%

-15.8%

-91.0%

2,179.6%

EPS

0.70

0.69

0.36

0.81

1.06

1.18

1.69

1.13

0.95

0.08

1.96

growth rate

-1.4%

-47.8%

125.0%

30.9%

11.3%

43.2%

-33.1%

-15.9%

-91.6%

2,350.0%

Gross Profit

713.00

697.60

676.40

683.10

769.50

867.50

growth rate

-2.2%

-3.0%

1.0%

12.7%

12.7%

Quarterly Statements

Item Name

Jun '17

Sep '17

Dec '17

Mar '18

Jun '18

Earnings BIT

21.75

69.30

69.30

25.50

25.50

growth rate

218.6%

0.0%

-63.2%

0.0%

Balance Sheet

Jun '17

Sep '17

Dec '17

Mar '18

Jun '18

Acct.Receivable

276.90

321.80

321.80

315.40

315.40

growth rate

16.2%

0.0%

-2.0%

0.0%

Acct.Payable

257.00

59.70

59.70

395.90

395.90

growth rate

-76.8%

0.0%

563.2%

0.0%

Cur.Assets

533.60

675.20

675.20

586.20

586.20

growth rate

26.5%

0.0%

-13.2%

0.0%

Total Assets

1,668.80

1,798.90

1,798.90

1,950.20

1,950.20

growth rate

7.8%

0.0%

8.4%

0.0%

Cash

61.20

137.90

137.90

58.00

58.00

growth rate

125.3%

0.0%

-57.9%

0.0%

Inventory

195.10

176.00

176.00

212.80

212.80

growth rate

-9.8%

0.0%

20.9%

0.0%

Cur.Liabilities

340.80

327.90

327.90

474.10

474.10

growth rate

-3.8%

0.0%

44.6%

0.0%

Liabilities

621.10

594.80

594.80

818.40

818.40

growth rate

-4.2%

0.0%

37.6%

0.0%

LT Debt

185.30

187.20

187.20

259.50

259.50

growth rate

1.0%

0.0%

38.6%

0.0%

Equity

1,047.70

1,204.10

1,204.10

1,131.80

1,131.80

growth rate

14.9%

0.0%

-6.0%

0.0%

Common Shares

6.20

6.20

6.20

6.20

6.20

growth rate

0.0%

0.0%

0.0%

0.0%

Cash Flow Statement

Jun '17

Sep '17

Dec '17

Mar '18

Jun '18

Capital Expenditures

12.20

24.95

24.95

21.30

21.30

growth rate

104.5%

0.0%

-14.6%

0.0%

Cash Dividends

20.25

11.35

11.35

22.25

22.25

growth rate

-44.0%

0.0%

96.0%

0.0%

Cash From OA

39.50

55.80

55.80

31.50

31.50

growth rate

41.3%

0.0%

-43.6%

0.0%

Sale Purchase of Stock

0.05

0.20

0.20

growth rate

300.0%

0.0%

FCF

27.30

30.85

30.85

10.20

10.20

growth rate

13.0%

0.0%

-66.9%

0.0%

Income Statement

Jun '17

Sep '17

Dec '17

Mar '18

Jun '18

Sales

355.00

407.80

407.80

364.00

364.00

growth rate

14.9%

0.0%

-10.7%

0.0%

Op.Income

21.75

69.30

69.30

25.50

25.50

growth rate

218.6%

0.0%

-63.2%

0.0%

IBT

18.80

120.40

120.40

48.30

48.30

growth rate

540.4%

0.0%

-59.9%

0.0%

Net Income

15.95

101.45

101.45

44.40

44.40

growth rate

536.1%

0.0%

-56.2%

0.0%

Gross Profit

199.05

234.70

234.70

204.05

204.05

growth rate

17.9%

0.0%

-13.1%

0.0%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.